BCP board approves plan to tender for the remaining 631.859m share of BSRC via share swap, 6.5 to 1 new BCP share, before delisting. From yesterday closing price at Bt4.94 and Bt36.5 for BSRC and BCP, the former looks cheap.

Comment: Well that’s interesting….

SC to rebrand and diversify into non-property business next year, as residential prop will continue to face challenges from high household debt, excess supply and low consumer confidence. Eyes expanding in recurring incomes in services and hotels and utility token.

Comment: If even the shinawatras are switching away from real estate…

SNNP amends buyback prog from not exceeding 40m shares (4.17% of paid up) to 60m shares (6.25%), raised budget to Bt750m from Bt640 prior, period remain unchanged from Dec 23,24 till Jun 20,25.

Comment: Making Thailand Great Again!

PTT: Bt9.31b 4Q24 NP -72% yoy, missed Bt12.71b estimate, mainly from higher loss on FX and derivatives despite an increase in EBITDA, FY24 at Bt90.07b, missed Bt99.88b estimate. Bt1.3, XD Mar 6.

TRUE: FY @ net loss Bt 10.97b, narrower loss from -Bt14.58b yoy, stripped off Bt20.82b one-off impairment of assets related to network modernization & non-cash item on Bt 13.18b obsolete inventory, core prft came in at Bt 9.866b, beats Bt8.63b consensus.

BCP: FY @ Bt2.18b, -83% yoy; missed Bt3.64b consensus.

JPARK: FY @ Bt164m, +163% yoy, beats Bt125m consensus, pays Bt0.05 dps, XD Mar 6.

LPH: Bt78m, +23.8% yoy, pays Bt0.10, XD May 6.

SAMART: FY @ Bt132m vs net loss Bt389m yoy, omitted dividend.

BBL: pays Bt6.5 dps translated to 4.05% yield, XD Apr 23.